Tech selloff eases as oil climbs

Global tech shares found some stability after a severe rout driven by artificial intelligence funding concerns. Meanwhile, oil prices reached a five-month peak following supply and geopolitical tensions.

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FILE PHOTO: A man walks in front of an electronic screen displaying Japan's Nikkei stock prices quotation board inside a conference hall in Tokyo, Japan, April 27, 2026. REUTERS/Issei Kato/ File Photo

Global tech shares stabilized during Friday morning trading after AI funding concerns triggered the largest Treasury rally in three years. Wall Street futures dipped slightly, while Asian bourses found calm following a steep weekly selloff.

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